https://www.taxtmi.com/caselaws?id=268249 The Tribunal partly allowed the appeals, remanding various issues back to the AO for fresh examination. The Tribunal emphasized the importance of accurate data and proper consideration of the assessee's contentions in accordance with the law. Key points included the disallowance under section 14A being remanded for further review, the deduction under section 36(1)(viii) being reconsidered due to calculation method issues, and the bad debts claim being upheld following relevant case law. The Tribunal also upheld the allowance of the loss on revaluation of investment and the deduction claimed under section 80LA while setting aside the CIT(A)'s decision on the deduction under section 36(1)(viia). en-us Wed, 18 Nov 2015 00:00:00 +0530 Mon, 23 Nov 2015 03:55:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268249 The Tribunal partly allowed the appeals, remanding various issues back to the AO for fresh examination. The Tribunal emphasized the importance of accurate data and proper consideration of the assessee's contentions in accordance with the law. Key points included the disallowance under section 14A being remanded for further review, the deduction under section 36(1)(viii) being reconsidered due to calculation method issues, and the bad debts claim being upheld following relevant case law. The Tribunal also upheld the allowance of the loss on revaluation of investment and the deduction claimed under section 80LA while setting aside the CIT(A)'s decision on the deduction under section 36(1)(viia). Case-Laws Income Tax Wed, 18 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268249